Best Principal Hybrid Mutual Funds

Principal Mutual Fund was established in 1994 and is one of the oldest AMC's in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.

With a financial legacy of more than 130 years, their global expertise proves to be am asset for taking adequate market decisions.

The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

Top 10 Principal Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Principal Emerging Bluechip FundEquityModerately High4.0%4star2,091
Principal Hybrid Equity FundHybridModerately High1.2%4star1,106
Principal Cash Management FundDebtLow4.5%2star149
Principal Tax Savings FundEquityModerately High-2.4%3star403
Principal Growth FundEquityModerately High-1.3%3star654
Principal Dividend Yield FundEquityModerately High3.6%3star170
Principal Focused Multicap FundEquityModerately High1.4%4star393
Principal Nifty 100 Equal Weight FundOthersModerately High-5.5%1star17
PRINCIPAL Global Opportunities FundOthersHigh9.4%1star19
Principal Credit Risk FundDebtModerate12.3%3star14
Principal Smart Equity FundHybridModerately High6.1%4star144
Principal Money Manager FundDebtModerately Low5.6%2star168
Principal Low Duration FundDebtModerately Low5.8%2star97
Principal Equity Savings FundHybridModerately High5.9%4star45
Principal Asset Allocation Fund of Funds - Aggressive PlanOthersModerately High-3.3%1star2
View All Top 10 Principal Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Principal Emerging Bluechip Fund Direct Growth

Fund Performance: This fund has given 2.58% annualized returns in the last three years. In the last year, its returns were 3.99%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.99% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM2,091Cr
1Y Returns4.0%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 3.01% annualized returns in the last three years. In the last year, its returns were 1.16%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 1.16% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM1,106Cr
1Y Returns1.2%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 3.03% annualized returns in the last three years. In the last year, its returns were 4.46%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.46% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM149Cr
1Y Returns4.5%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 0.05% annualized returns in the last three years. In the last year, its returns were -2.41%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -2.41% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM403Cr
1Y Returns-2.4%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 0.62% annualized returns in the last three years. In the last year, its returns were -1.25%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -1.25% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM654Cr
1Y Returns-1.3%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 3.94% annualized returns in the last three years. In the last year, its returns were 3.58%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.58% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM170Cr
1Y Returns3.6%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 4.94% annualized returns in the last three years. In the last year, its returns were 1.37%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 1.37% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM393Cr
1Y Returns1.4%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given -1.29% annualized returns in the last three years. In the last year, its returns were -5.51%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing -5.51% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM17Cr
1Y Returns-5.5%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 4.34% annualized returns in the last three years. In the last year, its returns were 9.39%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹10,000
AUM19Cr
1Y Returns9.4%

Principal Credit Risk Fund Direct Growth

Fund Performance: This fund has given 6.62% annualized returns in the last three years. In the last year, its returns were 12.3%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 12.3% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹2,00,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹2,00,000
AUM14Cr
1Y Returns12.3%

Principal Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 4.97% annualized returns in the last three years. In the last year, its returns were 6.08%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.08% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM144Cr
1Y Returns6.1%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 4.98% annualized returns in the last three years. In the last year, its returns were 5.57%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 5.57% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM168Cr
1Y Returns5.6%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given 0.34% annualized returns in the last three years. In the last year, its returns were 5.8%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 5.8% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM97Cr
1Y Returns5.8%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 5.4% annualized returns in the last three years. In the last year, its returns were 5.9%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 5.9% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM45Cr
1Y Returns5.9%

Principal Retirement Savings Fund Progressive Plan Direct Growth

Fund Performance: This fund has given 0.77% annualized returns in the last three years. In the last year, its returns were -3.32%. It has continually hit its benchmark in the Others segment.

Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing -3.32% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM2Cr
1Y Returns-3.3%

Explore all Mutual Funds on Groww

Explore Mutual Funds